Thunes Valuation, Funding & Investors

Paysend is a London-headquartered money transfer platform enabling card-to-card remittances from Visa or Mastercard across 170 countries. Founded in 2015, it processes over 10 million transfers yearly with instant payouts to bank accounts or cards in destinations like India and Brazil.

PicS NV is a digital payments company. The company operates a peer-to-peer (P2P) transfer platform that enables individuals to send money via mobile devices. It provides digital wallets, instant payments (Pix), P2P transfers, credit cards, loans, investments, insurance, and SMB payment solutions. The company has four reportable segments: Consumer Banking, Small and Medium-Sized Businesses, Audiences and Ecosystem Integration, and Institutional. The majority of the company's revenue is derived from the Consumer Banking segment, which generates revenue from various transaction activities occurring in the digital wallet, such as Pix, peer-to-peer (P2P) transfers, and bill payments.

Momo is Vietnam's leading mobile wallet and super app founded in 2007 serving tens of millions of users. Offers comprehensive fintech services including mobile payments bill payment across 100+ categories money transfers personal loans airline and movie ticket purchases. Partners with 24 domestic banks and international payment networks including Visa Mastercard and JCB.

Flywire Corp provides a secure payment platform, offering its clients a streamlined process to receive reconciled domestic and international payments more cost-effectively and efficiently. The company's solutions are built on three core elements, namely a payments platform, a proprietary payment network, and vertical-specific software backed by its deep industry expertise. Geographically, the majority of revenue is from the Americas.

Naver Financial Corp. is a financial technology subsidiary of Naver Corporation that delivers digital payment, lending, insurance, securities trading, and real estate services across South Korea. It operates Naver Pay, a mobile wallet integrated with over 3 million offline merchants and major banks like Shinhan and KB Financial Group. The company provides Line Pay in Japan through its partnership with Line Corporation and offers tools such as interest-bearing savings accounts, peer-to-peer transfers, and unlisted stock marketplaces. Headquartered in Seongnam, South Korea, Naver Financial Corp. supports small businesses with low-fee payment terminals that handle coupons, reviews, and loyalty points while expanding insurance comparisons for auto and travel policies.

Fintiv is an Austin-headquartered technology firm offering white-label mobile financial services for unbanked consumers in emerging markets. Its suite includes mobile payments, bill pay, mLoyalty rewards, mVault for B2B remittances, and MoTEAF integration platform. The company serves mobile network operators, retailers, and governments in Mexico, Central America, the Caribbean, Middle East, Southeast Asia, and Africa. Founded in 2008, Fintiv processes millions of transactions monthly across web and app channels.

Payoneer Global Inc is a financial technology company purpose-built to enable the world’s small and medium-sized businesses (SMB(s)) to grow and operate their businesses around the world by reliably and securely connecting them to the digital economy. The company started to empower commerce by connecting businesses, professionals, countries, and currencies with its diversified cross-border payments platform.

Euronet Worldwide Inc is a provider of electronic financial transaction solutions. It offers payment and transaction processing and distribution solutions to financial institutions, retailers, service providers, and individual consumers. The company's product offerings include comprehensive ATM, POS, card outsourcing, card issuing and merchant acquiring services, software solutions, money transfer services, etc. Its reportable operating segments are EFT Processing, epay, and Money Transfer. Maximum revenue is derived from its Money Transfer segment, which provides money transfer services across the world under the brand names Ria, AFEX, IME, and xe. Geographically, the company generates maximum revenue from the United States, followed by Germany, India, France, Greece, and other regions.

PagSeguro Digital Ltd is a Brazilian-based company that acts as a provider of financial technology solutions focused on Micro-Merchants, Small Companies and Medium-Sized Companies (SMEs), in Brazil. The company provides a range of solutions and tools such as cash-in and cash-out options and provides access to working capital to help to manage its cash flow. It delivers an end-to-end digital ecosystem to address day-to-day financial needs, including receiving and spending funds and managing and growing businesses for clients. The company also offers the Free PagSeguro Digital Account delivering Cash-In Solutions, Online and In-Person Payment Tools, Online Payment Tools; and Web Check Outs offer tokenization, handling of shipping information, and others.

GalaxiaMoneytree Co Ltd is engaged in Electronic payment business centered on mobile payment and credit card payment, O2O business centered on mobile gift certificates and coupons, convenience store-based payment and electronic civil complaint cash, and other businesses such as Money Tree, a simple payment platform, and a blockchain-based NFT platform operated by a subsidiary company.

Hala is a Dubai-based fintech offering digital wallets and point-of-sale solutions for merchants accepting credit cards. The platform supports remittances, bill payments, and QR code transactions across UAE and GCC countries, integrated with networks like Visa and Mastercard.

WorldRemit is a London-headquartered digital remittance service operating in 130 countries with payouts to 5 billion bank accounts and 500,000 cash pickup points. Founded in 2010, it facilitates transfers via app or website in 70 currencies, serving 5 million customers annually. WorldRemit partners with banks like Santander and mobile wallets in Africa and Asia, emphasizing low fees averaging 0.5 percent and delivery in minutes. The company processed $10 billion in volume in 2023.

Worldline is a payment service provider offering merchant acquiring, payment processing, and payment infrastructure solutions to merchants and banks.

Sipay is a Turkey-headquartered fintech firm licensed as an electronic money institution by the Central Bank of the Republic of Turkey. It delivers issuer and acquirer payment solutions, including POS terminals with tailored merchant settlements, white-label SaaS platforms for partner-branded services, and the Sipay Wallet for cardless transactions and transfers. Additional offerings encompass QR code payments, mobile wallets, account-to-account transfers, gold trading features, and treasury-linked income from settlements. The platform caters to B2C consumers and B2B enterprises across Turkey using proprietary technology and an internal financial operations system.

TNG FinTech Group is a Hong Kong-based fintech company founded in 2014 developing social banking platforms. It enables real-time fund transfers and instant messaging interoperability for e-wallets, banks, and merchants across Asia and beyond.